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Usually at private test sessions, lap times are a closely guarded secret
Tag Archive: HPD
The team started the season under Lotus power
With their sights set on consecutive victories at the legendary Indianapolis Motor Speedway, Team Barracuda – BHA is proud to announce a new partnership with American Honda and its Honda Performance Development (HPD) subsidiary for the remainder of the 2012 IZOD IndyCar Series season.
With Honda Performance Development
Wirth Research is delighted to announce a new long-term technical partnership with California-based Honda Performance Development (HPD) – a partnership which began in 2003 that not only extends the two organisations’ globally successful sports prototype programmes but also encompasses an exciting new IndyCar project.
The countdown is on, only one week until the start of the 2011 race season.
The inaugural race weekend in the new F1600 Formula F Championship Series will be challenging, but Caitlin Johnston, from Ontario, is up for it. “For our team it feels like the definite logical next step. We have been racing Formula 1600 for four seasons now, really learning the ins and outs of the car and gaining race experience. I have been very fortunate to be able to race in different cars and series, and this is no different. To say that I am excited is an understatement,” said Johnston.
Exciting new LMP1 and LMP2 sportscar programmes
California based Honda Performance Development, (HPD), and Wirth Research are stepping up HPD’s globally successful sportscar programme in 2011 with a highly revised version of the internationally victorious HPD ARX-01c LMP2 prototype plus, more significantly, a striking new LMP1 contender designed to compete in the premier class at the Le Mans 24 Hours.
Consistent Podium Finisher to Pair with Carroll for Championship Run
Hot on the heels of the announcement of the drivers of the team’s #74 car, Compass360 Racing today revealed that Keith Carroll will pair with Ryan Eversley in the #75 Honda Civic Si for the 2011 Grand-Am Continental Tire Sports Car Challenge season. Eversley, who finished fourth driving #75 in last year’s Street Tuner-class driver standings will co-drive with Carroll, no stranger to the Grand-Am paddock, having driven a Porsche Cayman in 2010.


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Iron ore producer Ferrexpo today said its profits increased more than fivefold in 2010 as the company saw increased sales at far higher prices than before.
The London-listed company that mines in the Ukraine made a pre-tax profit of $498 million compared with $81 million the year before.
Revenue doubled to $1.3 billion, up from $649 million the year before, due to higher sales volumes and prices.
Sales volumes increased 8% to 9.7 million tonnes.
Ferrexpo said it had invested $647 million on capital expenditure during the year, helping it to double pellet output. It said 2011 had started well and it was continuing to produce at full capacity.
Total iron ore pellet output, including production from third-party concentrate, for the first two months of this year was 1.52 million tonnes, up 1.9% from the year-earlier period, the company said earlier this month.
"Ferrexpo was well placed to benefit from higher prices as it continued to produce at full capacity," said Chairman Michael Abrahams said on Wednesday.
"The group's increased cash generation and profitability allowed it to recommence its capital investment programme to further develop growth opportunities," he added.
Ferrexpo is paying a final dividend of 3.3 cents, the same as the year before.Reuse content

domain: news


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On March 16, 2023, the EastFruit project held the first online conference on the current developments in the market of frozen fruits, berries, and vegetables. The video of the conference “Shock freezing of berries, fruits, and vegetables 2023."
One of the most urgent problems of the event was the forecasting of prices for raw materials for freezing and for finished products. In this regard, the most frequently raised issue was the price of frozen raspberries and the prospects for pricing fresh raspberries in 2023.
Andriy Yarmak, economist at the Investment Center of the Food and Agriculture Organization of the United Nations (FAO), who has been analyzing global food markets and forecasting prices for more than 25 years, explained that the prices of almost all goods in the agricultural sector are characterized by a cyclicality.
“Pricing cycles depend on the features of the products. In the case of raspberries, the full price cycle usually takes about 4-5 years, unless it is affected by some unusual factors, such as severe weather disasters, wars, global recessions, etc. In 2016, prices for raspberries in Ukraine were formed at the level of 40-45 UAH/kg, because frozen raspberries were exported at prices close to $3.5 per kg and even more. After that, of course, there was a wave of investments in raspberry production, because, at such a price, the investment in a good-quality raspberry plantation could be recouped in the first year! Naturally, the increase in supply led to a decrease in prices for raw materials, but Ukraine also exported more finished products, collapsing global prices. Respectively, in 2018, the leftover frozen raspberries were sold from Ukraine for export in May, sometimes at prices close to the incredible 1 EUR/kg, although a year earlier entrepreneurs from the freezing business convinced me that “frozen raspberries will never cost less than 2 EUR/kg!”. As you see, never say never,” explains Andriy Yarmak.
“Of course, with such prices for frozen raspberries, raw material prices also collapsed. In the summer of 2018, some freezers bought raspberries even at 8 UAH/kg, although, high-quality raspberries could be sold more expensive, but not much – 12-15 UAH/kg. This is not the price that allowed us to talk about the return on investment in growing raspberries. Therefore, many got rid of raspberry plantations in Ukraine, Poland, Serbia, Montenegro, Bosnia and Herzegovina, and other countries of the world in 2018. At the same time, the global market “tasted” raspberries. Due to the incredibly low prices for frozen raspberries, which unexpectedly became one of the most affordable raw materials on the market of frozen fruits and berries, raspberries began to be massively introduced into the recipes of dairy and confectionery products, teas, breakfast cereals, snacks, bakery products, etc. This means that the demand for raspberries rose sharply just when everyone was massively getting rid of their plantations. I want to point out this – it is often missed by many when liquidating a business that is about to bring huge dividends,” says the FAO expert.
For more information: east-fruit.com


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BEAVER SPRINGS, Pa. — The recent thaw has things heating up at Shade Stone Farm in Beaver Springs. This week marked the start of maple syrup season. The sap is collected from hundreds of trees and processed in the sugar house.
"That process starts with the reverse osmosis where we take a lot of the water out of the sap, and that concentrates it. But it's not concentrated enough for maple syrup, so we run it through an evaporator," Jon Plasterer said.
Jon and Mary Plasterer own Shade Stone Farm. With the help of their neighbor, they have been making maple syrup for four years.
"It basically goes from the trees through our machines, into a bottle, and onto your pancakes," Jon said.
The maple syrup usually starts in mid-February and lasts around six weeks. The Plasterers sell their syrup at several local stores, including the Selinsgrove Farmers Market.
"People appreciate getting a local product because normally you see maple syrup from Vermont or Canada," Mary Plasterer said.
Next weekend, Shade Stone is part of a maple tour that involves three area maple farms.
Shade Stone Farm is teaming up with two neighboring sugar shacks for a maple tour. People are encouraged to visit all three of the facilities, including farms in Millmont and Lewistown.
"They can get a tour of the sugar shack, a tour of the woods to see the lines out there, ask any questions, buy some syrup," Mary said.
The COVID-friendly maple tour is next Saturday and Sunday from 10 a.m. to 5 p.m. each day.


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What’s going on everybody, Wav3yGawd here! Yesterday Ubisoft had their “not E3” presentation called Ubisoft Forward. They announced it a little while ago but this was their showcase to show off everything they had coming this year, including games such as Watch Dogs Legion, their new battle royale title Hyper Scape and their upcoming latest installment in the Assassin’s Creed series Assassin’s Creed Valhalla! While they showed other news as well, those were the main three things they showed as well as a special trailer at the end!
To open up their showcase, they started to tell us more about Watch Dogs Legion which we heard of a lot at last years E3 presentation.
However, here they showed a lot more gameplay and expanded on the idea of using anybody in the city of London to make them a part of your squad to do missions. They talked about how to build your team as well so you can have the best chance in the game.
They also announced a release date for the title of October 28, 2020! So you will be able to get your hands on the third title in the Watch Dogs franchise during the holiday season!
Ubisoft also announced that their fighter Brawlhalla will be coming to mobile devices. You will be able to not only customize your controls on your phone but will also be able to play with your friends on console or PC.
That’s right, Brawlhalla is getting cross play, which I personally think should be the standard for multiplayer games but that’s another article for another time. Brawlhalla will be launching on mobile devices on August 6th! There is also a new game coming under the Tom Clancy name titled Tom Clancy’s Elite Squad which will be coming soon to mobile devices as well.
If you have been around Twitch or just on the internet, then you know that Ubisoft had a new battle royale first person shooter called Hyper Scape!
Obviously this is their way of getting in the battle royale arena with Apex Legends and Fortnite. The gameplay seems to look like Apex from the fps perspective but it looks like it plays a lot different. If y’all are reading this then you have probably seen gameplay from different streams on Twitch, but now they have a back story about the game and what it’s about.
The game has only been given to certain people at this time, but as of yesterday the open beta is out now for everybody to download and get their hands on. This comes with a new gun, a new hack and a free 30 tier battle pass. Just go to HyperScape.com to try it out! Oh, and for right now you can only play this title on PC, Xbox and PlayStation are getting this game later this year. No word on when it is coming out yet, but it's rumor they will be coming in August.
Now the biggest game that everyone came to see was Assassin’s Creed Valhalla where Ubisoft promised gameplay (actual gameplay this time) and that’s exactly what we got plus valuable information about the world.
They talked about how the combat has gotten tweaked a little bit with a new stun system and it looks like a nice blend between the combat of Assassin’s Creed Origins and Odyssey and the older titles. You can throw axes to make nice combos as well as use double shields to deal major damages to enemies. Your protagonist can also be either a Male or Female just like in Odyssey and the name of the character is Eivor!
There will also be village raids where you can storm villages with your fellow vikings. Animals in the game will be used for hunting needs and food this time around. One thing I didn’t like about what I saw was that there is now a stamina bar, just like you have in games such as Dark Souls or Nioh. Y’all can check out more information in the video below.
Assassin’s Creed Valhalla will be released on November 17th for PlayStation 4, PlayStation 5, Xbox One, Xbox Series X, Google Stadia and PC!
Finally, after the news about a Farcry 6 leak from a PS store Ubisoft showed us the trailer for the sixth installment in their Farcry series!
Giancarlo Esposito from such TV shows as Breaking Bad, Godfather of Harlem and The Mandalorian will be playing the main villain.
Watch the full trailer below! Farcry 6 has a release date of February 18, 2021!
Ubisoft showed off more gameplay of Valhalla after the showcase was over. They went more in depth about the story and certain missions. If you haven’t checked out the Ubisoft Forward showcase watch it below! Ubisoft said that there will be another Ubisoft Forward later this year so we will bring y’all the news on that one when it is announced as well. Did anything from Ubisoft get y’all pumped up. Let us know! Until next time y’all, this is Wav3yGawd saying PEACE!


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Albion Online players can now log in an experience the Knightfall patch. This major update brings a host of new features and improvements to the popular MMORPG game, including new items, traders, and standing, as well as major quality-of-life improvements.
Perhaps the most exciting addition with the Knightfall patch is the expansion and improvement of the Mists, offering players of all levels a chance at big rewards. New treasures, caches, and dungeons await brave adventurers who dare to enter this mysterious realm. The Mists also offer powerful buffs that players can use to their advantage, especially when facing other adventurers and former residents of the dungeon.
In addition to the improvements in the Mists, Knightfall also brings new items and crafting components, along with a new trader named Eralia Wayfarer, who will trade with adventurers with sufficient standing. New Avalonian and Brecilien Capes offer unique defensive capabilities, while Mystic Owl mounts allow players to move swiftly through the world.
Aside from these new features, the Knightfall patch also brings major quality-of-life improvements to the game, including extensive combat balance changes, an optional WASD movement system, the ability to change characters’ gender for Gold, a new “Travel Mode” that offers a transparent map overlay while traveling, and the ability to repair items directly via the Marketplace UI.
Albion Online players can now enjoy these new features and improvements, and to celebrate the launch of the Knightfall patch, the game is offering double Twitch Drops from May 8-15.


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COLOGNE, Germany (PRWEB) May 06, 2014
cleverbridge, a global full-service e-commerce provider for software and cloud companies, announces the introduction of a new payment currency and two new Scandinavian payment methods available on the cleverbridge platform: Malaysian Ringgit, Swedish Real-time Banking and Finnish Real-time Banking. The new currency and payment methods enable clients to maximize their global sales by offering localized shopping experiences with payment methods that customers prefer.
“As more companies are realizing, the online marketplace requires international capabilities that go way beyond translating your website into a foreign language,” said Christian Blume, CEO, cleverbridge. “Shoppers from emerging markets want e-commerce that is familiar to them and meets their needs, not those of another country. The new currency and payment methods add to our extensive localization capabilities that enable clients to seamlessly sell into rapidly growing markets around the world.”
"We’re excited about the ability to offer our customers these new payment options through the cleverbridge platform and we’ve already seen a significant revenue uplift with Swedish Real-time Banking,” said Rob Charlebois, vice president of e-commerce, WinZip. “Providing customers with the ability to choose their preferred payment method is critical to a truly localized customer experience. cleverbridge continues to expand on their extensive set of accepted currencies and payment methods, keeping us ahead of the market.”
New Payment Currency and Payment Methods:
With the additions of the new local payment options, cleverbridge now offers clients 39 payment methods, 30 languages and 28 currencies. In addition, the cleverbridge e-commerce platform enables companies to create and test unique checkout processes by region, language, product, price sensitivity, browser type and version in order to offer the best, localized customer experience.
The new payment currency and payment methods are available immediately on the cleverbridge e-commerce platform. To learn more about cleverbridge, please contact inquiry(at)cleverbridge(dot)com or visit http://www.cleverbridge.com.
cleverbridge is a global full-service e-commerce provider for companies that sell software and cloud solutions. The company’s flexible cloud-based platform and experienced client service drive the performance of B2C and B2B businesses around the world, enabling the complete optimization of their global online sales and marketing initiatives. Headquartered in Cologne, Germany with offices in Chicago, San Francisco, and Tokyo, cleverbridge provides a customized, multi-channel e-business solution to more than 300 international corporations like Acronis, Avira, Dell, Malwarebytes and Parallels, supporting their traditional, SaaS and subscription-based e-commerce needs. For more information, visit http://www.cleverbridge.com or the Building Keystones blog.


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Covid-19 worldwide pandemic was one of the 2020’s defining events and it still is. It has changed everything even the e-commerce world. The internet and e-commerce industries have grown amid the COVID-19 issue and experienced extraordinary and unexpected development.
Many restaurants, pubs, movie theatres, and gyms are closing in major cities. Meanwhile, many office workers are encountering new problems as they transition to full-time remote employment. However, People are adjusting to the reality of our interconnected society and the difficulty of briefly separating oneself from others. It would be an understatement to suggest that we are living in extraordinary times. In these times, lockdowns became the latest trend therefore, companies and customers progressively “went digital,” and started delivering and purchasing more products and services over the internet which in turn boosted e-share commerce’s of global retail trade from 14% in 2019 to almost 17% in 2020 as per the statistics. The epidemic has sped up the transition from physical to digital purchasing by around five years.
Customers are avoiding public locations, and non-essential enterprises are being forced to close in these trying times due to covid-19 situation where cities are going under lockdowns. Shopping for only the bare necessities is becoming the new normal. So, To satisfy shifting requirements, brands are adapting and becoming adaptable by consumers.
Millions of individuals turned to e-commerce platforms this year, not only in metropolitan area but also in tier III and beyond, due to the need for social distance and prioritizing safety during the epidemic, according to companies like Amazon and Flipkart as well as industry analysts. It is expected that the coronavirus pandemic influence will increase e-commerce business by 84% to $111 billion by 2024. Mobile shopping will fuel India’s e-commerce sector, which is expected to increase at a rate of 21% annually over the next four years. The most common payment methods online in 2020 were digital wallets, credit cards, and debit cards. As well all know that Physical retail has merged with the digital world and e commerce capacity is no longer restricted to traditional websites. Consumers are becoming habitual with this e-commerce world and want the same hassle-free and convenient shopping experience whether they purchase via an app, through their social feeds, or in person in near future.
However, despite several governments’ attempts during the COVID-19 crisis to promote e-commerce, persisting digital inequalities mean that not everyone has been able to participate. Furthermore, in the event of growing universal sales models or novel modes of delivery, rules that are not suited to e-commerce might create hurdles for businesses. While many of these issues existed before to COVID-19, the present crisis, as well as the growing role of e-commerce for consumers and businesses, has increased the need for governmental intervention.
Systemic issues in connection, financial inclusion, skills, and trust (for instance- digital security, privacy, and consumer protection) have been brought to the forefront for consumers. To solve this issue, governments may provide rural and underdeveloped areas with inexpensive and high-quality internet, improve financial inclusion, and encourage trust and the development of skills needed to participate in e-commerce.
Governments must also maintain fair system in the context of online platforms. It’s also critical to provide enough competition in the retail sector and a well-functioning enabling environment for e-commerce, which includes communication services, logistics, and trade.
Categories: News, News Update, Services, Tech
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Folks at Van Technologies Inc., a maker of environmentally friendly coatings, know that earning an ISO certification is not like completing a race. Rather, it’s more like lining up for a marathon.
The Duluth-based company obtained its ISO certification in near-record speed a few years ago, achieving the credential in less than half the eight to 10 months companies typically require, according to Keith Gadacz, a business development consultant for Enterprise Minnesota.
But Larry Van Iseghem — the company’s president, CEO and namesake — says his team continues to build on that platform of accountability, in order to drive performance and maintain ISO accreditation well into the future.
“I can see a definitive difference pre-ISO 9001 and post-ISO. I believe our operations are more efficient, which makes us much more cost-effective,” he says.
Since 2019, Van Technologies has boosted its output by 34%. And perhaps even more impressive is the fact that it has done so without adding much staff, as its production per labor hour has jumped by more than one-third since the pandemic disruption in 2020.
Gadacz says the strides in productivity are a testament to the work Van Technologies has put into improving its operations.
“I’m impressed that they can deliver the same quality products and more output with less labor per unit. That’s really what everyone wants to be after,” he says.
Van Iseghem strongly believes the ISO system the company adopted has strengthened an already-robust operation.
“We’ve always maintained a high-quality product, but with the procedural formalities and the adherence to procedures we’ve now adopted, I know, person to person, testing is done much more consistently and accurately,” Van Iseghem says.
Teresa Donahue, the company’s technical manager, agrees. “Having all the documentation and procedures in place has served us well. We did have a good basis prior to getting certified, but everything kind of came together when we developed this quality management system.”
Staff’s confidence in the unwavering quality of Van Technologies’ products, she says, has only grown with additional calibration and verification procedures.
“Having all of our employees engaged in this process and our quality objectives has created more of a team environment,” Donahue says.
Van Iseghem recalls that some clients and employees initially questioned the need for the ISO certification. “They asked: ‘Isn’t this expensive? Isn’t this a waste of time?’”
When COVID forced many people to pause day-to-day activities in 2020, Van Technologies saw its sales slip. Nevertheless, Van Iseghem says the company managed to recover later that year and eke out a small sales increase.
Van Technologies took advantage of the momentary lull to seek ISO certification.
“We were so close to it anyway, why not?” he recalls thinking. “The procedures we instituted in previous years and the attention we paid to detail were very consistent with ISO 9001.”
Van Iseghem launched his coatings company in 1991, shortly after leaving Ikonics, another Duluth-based company, where he had led a successful ISO-certification effort. So, many of the goals of the quality-control program already were ingrained in his thinking about how to run a successful business.
Van Technologies has distinguished itself not only for the quality of its coatings but also for its environmental advantages, with no solvent-based products in its lineup. Rather, the company focuses on specialized water-based coatings and products that can be quickly cured with ultraviolet light.
Van Iseghem says he also recognized the value of the credential.
“It certified to present and future customers our capabilities, our efficiencies, and our attention to detail,” he says.
“But the benefits I see and that I knew would come are in terms of our operational efficiency gains,” Van Iseghem says. “We’ve saved money by doing this.”
“So, everybody’s on board now. But there were a lot of questions from the onset, even from our vendor relationships. Our vendors view us differently today than they did pre-ISO, because they know that at Van Technologies, we’re going to pay attention to the products we buy from them. And that means they can do a better job,” he says.
An annual audit by an external third party is required to maintain an ISO certification.
But Van Technologies conducts three additional internal audits each year, and Van Iseghem tapped Gadacz to perform them.
“He’s very thorough and effective, plus he’s a good coach,” Van Iseghem says. “Our people know Keith is going to conduct a thorough audit. So, the attention to doing things correctly according to procedure is heightened. The internal audits are a good reminder and maintenance tool to continue to do things the right way.”
Van Technologies’ continued embrace of scrutiny serves the company well, according to Gadacz.
“They’re probably one of the strongest proponents of using outside eyes to help keep them sharper, stronger and faster,” Gadacz says.
Van Iseghem sings the benefits of continued vigilance.
“You just can’t get certified and leave it. After you get certified, you have to do your audits. I think our internal audits have been essential to maintain the program. And if you maintain the program, it returns the benefits you seek,” he says.
With the exception of 2020, Van Technologies has consistently grown its sales at a double-digit annual clip, according to Van Iseghem.
Van Technologies does not produce commodity coatings, such as those available at home-improvement stores. Instead, it serves customers with special needs, mostly in the high-end window market. But the company continues to diversify into other areas, including hardwood flooring, retail display fixtures, architectural millwork and doors, kitchen cabinetry, and other wood products.
Its product niche makes the company generally less susceptible to the vagaries of the economy than others in the housing industry.
“When money is tight those that continue to build are the individuals who have the money to do so. And we’re typically involved with the higher end of the market, which tends to be a little more stable than your lower-income housing,” he explains.
Van Technologies continues to seek new opportunities, with an eye toward volume.
Case in point: The company has developed a UV-cured product that is a durable coating for the flooring installed in most semi-trailer trucks.
“When you look at the number of semis on the highway, that’s a very attractive surface area market,” Van Iseghem says.
Van Technologies prides itself on providing coatings specifically tailored to a client’s needs.
“Our business model is: We solve problems. If you’ve got a problem, we’ll help you solve it, if it’s related to the coating industry,” Van Iseghem says.
With that reputation, Van Technologies has not had to be particularly aggressive on the sales and marketing front. Van Iseghem says much of the company’s business comes from referrals.
Increased product demand has Van Technologies shooting to hire an additional chemist and likely needing to physically expand in the near future. At present the company has about 18,100 square feet of production space and 5,200 square feet in another building that houses its offices and lab operations.
Donahue expects to add three or four employees to the 17 already on the company payroll.


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Tough Toyota heads list of top 10 Japanese collectible carsTough Toyota heads list of top 10 Japanese collectible carsJapanese cars' popularity is up, especially since younger collectors grew up with them.
Top 10 cars showcase Japan's bestTop 10 cars showcase Japan's bestWe're counting down the 10 most popular collectible Japanese cars, as listed by ClassicCars.com, starting with the Honda S2000 sports car
Car Review: 2016 Nissan Maxima PlatinumCar Review: 2016 Nissan Maxima PlatinumCar review: Nissan Maxima Platinum
Nissan keeps self-driving simple, not quite autonomousNissan keeps self-driving simple, not quite autonomousDriver-assisted minivan to go on sale in Japan next month.
Nissan unveils new 2017 PathfinderNissan unveils new 2017 Pathfinder2017 Pathfinder has been given new looks and more power, with a new 3.5-liter engine
Nissan restyles, adds power to PathfinderNissan restyles, adds power to PathfinderNissan's Pathfinder, one of the better-known SUVs, is getting a big overhaul
Subcompact cars take big resale price hitSubcompact cars take big resale price hitDespite consumer demand for fuel efficient cars, the smallest of cars are diminishing in value – and fast, a new analysis finds.
- MARK PHELAN
Nissan warns of over-inflated tiresNissan warns of over-inflated tiresCorrect air pressure important for fuel economy and safety.
Nissan reports record June for U.S. salesNissan reports record June for U.S. salesOverall sales of crossovers, trucks and SUVs increased 14 percent, while total car sales increased 13 percent.
Nissan, Honda U.S. sales up, but Toyota downNissan, Honda U.S. sales up, but Toyota downAnalysts had projected overall auto industry sales growth of about 5% in June.
Toyota's June sales fall 5.6% while Nissan gains an industry-best 13.1%Toyota's June sales fall 5.6% while Nissan gains an industry-best 13.1%Honda and Nissan make modest gains in June from trucks and SUVs while Toyota U.S. sales drop 5.6%.
Nissan Foundation awards grantsNissan Foundation awards grants Three Mississippi nonprofits receive $95,000 is grants to foster cultural diversity
June auto sales outlook strongJune auto sales outlook strongJob growth and consumer confidence remain strong, and credit is freely available,
- My Needs
Car review: 2016 Nissan Altima SVCar review: 2016 Nissan Altima SVWhile the SV that has slightly fewer accessories than the SR trim line, it’s a better bottom-line value.
Discovery Center receives $55K grant from NissanDiscovery Center receives $55K grant from NissanNissan Foundation awards $700,000 to 27 nonprofits nationwide.
Derrick Henry inducted into 'Heisman House'Derrick Henry inducted into 'Heisman House'Henry was presented key to a 2016 Nissan Titan XD Platinum Reserve edition at Nissan North America headquarters.
Canton Nissan economic impact studyCanton Nissan economic impact studyBlake Wilson, president of the state's chamber of commerce, discusses new study on the economic impact of the Nissan plant in Canton.
Study: Nissan continues to pay off for MississippiStudy: Nissan continues to pay off for MississippiPlant brought Mississippi into the national economic development arena and into the big taxpayer-funded incentives game
Dads proud to work with their children at NissanDads proud to work with their children at NissanTwo families talked Tuesday about what it means to work together for Rutherford County’s largest employer.
Mandell, McCarthy first in 7.5K Flag RunMandell, McCarthy first in 7.5K Flag RunGuam's runners appreciated getting back into racing at the 7th Annual Nissan 7.5K Flag Run Saturday.
Altima Pop UpsAltima Pop UpsAltima Pop Ups
Nissan aims to redefines 'gray' image with ad onslaughtNissan aims to redefines 'gray' image with ad onslaughtJapan's No. 3 automaker in the U.S. is targeting an image overhaul.
Nissan's new ad: Sentra SharkNissan's new ad: Sentra SharkNissan has launched a new ad campaign aimed at redefining Japan's No. 3 automaker in the U.S. as a company with exciting cars and crossovers that puts safety first.
Nissan's new ad: Rogue SnakeNissan's new ad: Rogue SnakeNissan has launched a new ad campaign aimed at redefining Japan's No. 3 automaker in the U.S. as a company with exciting cars and crossovers that puts safety first.


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Hello and welcome back to Equity, TipsClear’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
Here on Equity Monday we take a look at what happened on the weekend, what’s next, and some recent funding rounds. As you will hear, we are coming back to our normal rhythms and themes, but if you want to learn a little more about what you can do to make your voice heard as opposed to racist policing, last week’s episode Worth listening to Service.
We got up this morning:
- Alexis Ohanian announces that he is going down the board of Reddit. He hopes to be replaced by a Black American.
- Airbnb local bookings are recovering, in a boon for high-priced unicorns. Airbnb had to cut staff earlier this year after the global travel market dried up.
- Reliance Jio sold another large amount for itself. 1.16% for $ 750 million this time.
- The volume to ride Didi is back to where it was a year ago. This is good news for domestic ride companies.
- Next we earn from Chewy, Adobe and Stitch Fix.
- Energysquare raised a € 3 million seed round, Germany-based Novapump raised what the reports call a “seven-digit financing round” and Inky, a cyber security startup based in Maryland, USA, put together a $ 20 million Series B Is kept. .
And, finally, we are curious about what is the sense of speed behind Vroom? It raised its IPO price range, and we have questions.
Equity drops every Friday at 6:00 am PT, so subscribe to us Apple Podcast, Overcast, Spotify And all castes.


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For the few organizations and use cases where Windows 8.1 is still in use, IT professionals should begin immediately planning an upgrade to Windows 10 or 11, as Microsoft’s support for Windows 8.1 will end in January 2023.
On Jan. 10, 2023, those running Windows 8.1 and Microsoft 365 will continue to function, but they will no longer receive updates for the operating system or Office apps, including new features, security fixes and other quality updates, according to the company’s support page.
After that date, organizations running machines on Windows 8.1 will be at greater risk for viruses and malware, the company warns.
The company will begin notifying users of Windows 8.1 next month, and will provide a link to learn more about their upgrade options. Microsoft is pushing users to upgrade to Windows 11, but most devices running Window 8.1 will not meet the hardware requirements for upgrading to Windows 11. However, many are able to be upgraded to Windows 10 by purchasing and installing a full version of the software, the company notes on a support page.
However, Windows 10 also has an end-of-support date, but Microsoft will continue to support Windows 10 until October 14, 2025, so users have a few more years until they need to upgrade to Windows 11.
Unlike it did with Windows 7, Microsoft will not be offering an Extended Security Update program for windows 8.1 to keep the operating system secure.
According to Microsoft, Windows 8.1 users should consider looking into purchasing new machines altogether, as PCs built with Windows 8.1 are designed with technology that is about a decade old.
”To maintain the reliability and stability of Microsoft 365, we strongly recommend you take advantage of the latest hardware capabilities by moving to a new PC with Windows 11. PCs have changed substantially since Windows 8.1 and Windows 8 were first released. Today’s computers are faster, more powerful, and sleeker—plus they come with Windows 11 already installed,” the company says in a support note.
Windows 8, which is generally regarded as an undesirable version of Win.dows, went out of support in January 2016, with Windows 8.1 being released in 2014—just two years after the release of Windows 8—as an update to its predecessor.


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Pivot East, the annual initiative by m:lab will be taking place from 24 to 25 June 2014 in Nairobi, Kenya. This is the fourth edition of the mobile startup pitching competition and conference focusing on East Africa’s mobile developer and entrepreneurship scene.
Pivot East 2014 has already started and it will follow the same format as the previous year.
This includes applicants from throughout East Africa going through a selection process culminating in 25 finalists pitching at the competition held in Nairobi Kenya.
The most exciting part of Pivot East is the startup pitches of course. Last year five startups were chosen for each of the five mobile categories which included Finance, Enterprise, Society, Entertainment, and Utilities.
Last year, each winner walked away with a US$10 000 grant and they include:
SleepOut is a Kenya-based accommodation marketplace and pitched an SMS-driven booking process that connects both commercial and peer-to-peer hosts with guests and agents. SleepOut is part of m:lab’s 2013 incubation programme.
Kytabu demonstrated it’s textbook subscription app for android tablets for students that’s meant to drastically reduce the cost of buying textbooks.
Also part of the m:lab incubation progreamme, Ma3Route is a mobile platform that helps people find their destinations easily and quickly. By using crowdsourced information, Ma3Route helps citizens share/access info about transport and current traffic conditions for a city.
Developer and publisher of Social Mobile games for the web, smartphone and tablet devices Kola Studios won the mobile entertainment category. The startup pitched the popular Ugandan game played with cards on Android and Facebook.
Go Finance works to bring a range of financial solutions closer to underserved small businesses and people at the base of the pyramid by using technology by leveraging business value chains and technology.
source: Venture Burn


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Symphony Technology Group will acquire all outstanding shares of Shopzilla for $165 million from Scripps Networks Interactive Inc.
Palo Alto-based STG will pay $150 million in cash immediately upon closing of the transaction and $15 million in deferred payments and said it "intends to continue and accelerate the growth of Shopzilla through innovation and operational expertise."
Los Angeles-based Shopzilla is a consumer lead generation platform that owns and operates a portfolio of online consumer shopping properties in comparison shopping, product discovery and social shopping/group sales.
“While we believe that Shopzilla has strong growth potential in the online retail space, its mission and future trajectory diverge from SNI’s focus on lifestyle media brands,” said Joseph G. NeCastro, chief financial and administrative officer for Scripps Network Interactive. “The best way to create the most value for both parties was for Shopzilla to find a new partner and for SNI to continue to focus on its core. We believe STG will be a strong partner and will enable Shopzilla to accelerate its growth.”
J.T. Treadwell, STG managing director, said Shopzilla "is a tremendous leverage point to create value for consumers, to generate sales for merchant partners, and to drive innovation in new models of consumer e-commerce. In addition, Shopzilla’s management team is innovative and driven. They have created one of the most important players in online retail."
Tennenbaum Capital Partners is providing the debt financing in support of the transaction.
Posted by Elizabeth Kim. Contact her at 408.299.1835 or firstname.lastname@example.org.


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For Charlize Theron sporting a Christian Dior timepiece has proved to be a costly mistake.
Swiss firm Raymond Weil claims it paid Charlize to be the face of its Shine range. According to the brand, as part of the deal the star was expected to wear pieces from the line to all public events.
Charlize however, was spotted wearing a Christian Dior watch at a recent film festival while under contract with the brand. The watch company cites fraud and breach of contract as the basis of their lawsuit against Charlize in which they seek up to $20 million in damages.
The case was fought in February by Charlize however a judge has ruled that the proceedings must go to court. The trial will take place in NY in October.


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Deloitte Touche Tohmatsu Limited has submitted an application to the authority in charge of Internet domains in an effort to establish a top-level domain named after the accounting firm: .deloitte.
Deloitte said Wednesday that it had submitted the application to the Internet Corporation for Assigned Names and Numbers, also known as ICANN. The main goal of creating its own TLD is to give the Deloitte brand a more personalized online presence and enhance the user experience.
The firm does not expect the .deloitte domain extension to catch on like better-established TLDs such as .com or .org.
"Being a pioneering applicant for a TLD aligns with the Deloitte brand's positioning and marketplace presence as leader, innovator, and impact maker," said DTTL managing director of global brand and communications Heather Hancock. "Additionally, the '.deloitte' TLD will offer improved site accessibility and usability to Deloitte member firm clients, recruits, and others for an enhanced online experience—and lay a foundation for future online innovation."
A TLD will also help ensure that the internal online activity and exchange of information among the firm’s employees remains secure. Having its own TLD can help to serve as a defense against counterfeit operations that could harm an organization's reputation—including "domain squatting," in which fraudulent websites are created to profit from using a brand name belonging to a legitimate business.
"Adopting a '.deloitte' TLD can help to protect as well as enhance the Deloitte brand," said DTTL global chief information officer Larry Quinlan. "With the rollout of the TLD, Deloitte member firms will continue as industry leaders in providing clients and people with world-class IT security."
DTTL global chief knowledge officer Tracey Edwards views the move as safeguarding the firm’s corporate intellectual property, noting, “The '.deloitte' TLD will further reinforce the safety of Deloitte member firms' intellectual property, as well as the exchange of information among their people and their clients."


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EXCLUSIVE: CoinDCX plans to hire more than 2,000 people this year — and they are not just looking at coders
- Indian cryptocurrency exchange
CoinDCXis looking to grow its team by 10 times this year.
- In an exclusive interview with Business Insider, the company’s COO disclosed that the exchange can absorb 300 people tomorrow itself.
- CoinDCX is looking to hire across the board, from coders and developers to marketing and product development experts.
If you give me the same number of people that we already have in the company today, we can absorb them. Like, literally tomorrow. We have enough for them to do.
The start-up, which became the first Indian crypto company to attain ‘unicorn’ status in August, may not be planning to launch an initial public offering (IPO) anytime soon but is steadfast in its intention to build its team from 300 to 3000.
And, the company is looking to onboard more than just coders. “We’re hiring across all roles — tech, non-tech, product, marketing, all of those. The team has already grown 15x this year ,” explained Gupta.
The company’s employee ratio has seen a growth of 230% from January to December 2021, with a 3:1 male to female ratio within the organisation.
Who is CoinDCX looking to hire?
Companies like CoinDCX are not pure-play blockchain. So while they do need coders and developers who specialise in languages like Solidity and Rust, they also have similar needs as any other company — marketing, operations, product development and consumer support.
We pretty much lie at the intersection of what happens in the regular consumer internet world and the blockchain world.
Gupta estimates that the company has around 100 technology-related roles open, 15 in product development, and 20 to 30 each in marketing and operations. As CoinDCX continues on its hiring spree, it wants to ensure cross-mobility between teams. This means that you could join the marketing team but end up in a different department altogether.
“For example, somebody who leads payments products for us, joined initially as quality assurance,” explained Gupta. One critical way this happens is simply exposure. On the one hand, an employee is kept up to speed on their present skills. On the other hand, CoinDCX tries to ensure that they are also exposed to enough team members outside their regular function and are able to learn from that.
How is CoinDCX bridging the supply-demand gap?
According to the technology lobby group NASSCOM, India’s crypto-tech market is expected to hit $241 million by 2030, potentially creating 877,000 jobs. However, as things stand, not too many people are proficient in the skills that the cryptocurrency and blockchain industry requires.
Even so, according to data collected by Dappros in 2018, India had the second-largest number of blockchain developers in the world after the United States. And, the bigger potential lies within the overall pool of 5.8 million developers in the country, according to GitHub.
CoinDCX, as a crypto exchange, doesn’t have the infrastructure to create massive reskilling programs in-house in order to attract the right talent. However, that doesn’t mean that they can’t outsource the task.
Advertisement“We’re engaging with a lot of ecosystem partners — general names — who are giving these courses to ensure that all of our talent gets access to quality reskilling initiatives that have been built by top class startups out there,” said Gupta.
Correction: We’re hiring across all roles — tech, non-tech, product, marketing, all of those. The team has already grown 15x this year ,” was incorrectly attributed to Ramalingam Subramanian, the Chief Marketing Officer (CMO) at CoinDCX. It has been changed to Mridul Gupta, the Chief Operating Officer (COO) at CoinDCX.
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Vertex Events Dubai is organizing 2nd Blockchain Summit – (Summit, Awards & Expo) on 10th & 11th October 2021 at Dubai EXPO. We have a host of prominent international speakers, experts, and Government Officials in blockchain for the event. It’s an excellent time to showcase your product to the international Blockchain & Crypto industry at Dubai EXPO.
This conference will enable you to align your brand with the insights of Blockchain Dubai 2021 and network with blockchain decision makers from all over the world.
Hundreds of attendees are expected to congregate for the Summit at Dubai EXPO including CTOs, Heads of Innovation and Technology, IT Directors, Developers, Start-Ups, OEMs, Governments, Automotive, Operators, Technology Providers, Investors, VCs, and many more.


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Another day, another inquiry.
The General is set to face another investigation in relation to the ignition switch recall debacle that’s plagued it ever since the faulty mechanism was brought to light last year, according to The Detroit News.
Now, the Federal Trade Commission (FTC) will seek to investigate the company based on its conduct during the aftermath of the recall, though at this point it’s not entirely clear whether the FTC is after the dealers or the company itself. The automaker learned of the investigation June 3.
The news outlet says it concerns, “certified pre-owned vehicle advertising where dealers had certified vehicles allegedly needing recall repairs.” Put another way, FTC claims certain GM dealerships advertised used cars that had not received recall repair work. It seems the validity of that practice is the FTCs main point of objection.
However, as the news outlet notes, any dealers that sells a new vehicle must ensure a recall is repaired before the vehicle is sold – yet no such law exists for used vehicles.
While an FTC spokesperson confirmed the investigation, both the agency and GM declined to comment.


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Ocado online supermarket delivery van.
Mike Kemp | In Pictures | Getty Images
Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance for the year as it reported a return to underlying profit in its first half.
Shares surged 15.3% to their highest since February, beating the four-month peak set in June after a report of possible takeover interest from Amazon boosted the company’s stock.
The group made earnings before interest, tax, depreciation and amortisation (EBITDA) of 16.6 million pounds ($21.7 million) in the six months to May 28, versus a loss of 13.6 million a year earlier. Its Technology Solutions revenue jumped 59%.
Chris Beauchamp, chief market analyst at IG Group, said the most encouraging number had been the surge in the Tech Solutions business.
It reminds “investors that the great hope for Ocado shares is that they can license their technology to a broad audience around the globe rather than being just another UK supermarket,” he said.
Ocado Group has three parts to its business – Ocado Retail, an online supermarket joint venture with Marks & Spencer; UK Logistics, which provides fulfillment and delivery support to UK partners, and Technology Solutions which licenses its robot technology for warehouses to other retailers, such as Kroger in the United States, Aeon in Japan and Casino in France.
Ocado said there was no change to the financial guidance given at its full-year results in February.
Jefferies analysts said the headline results looked solid, with Ocado delivering on a pledge to reduce cash burn and reiterating its full-year 2023 guidance.
Ocado’s boss said the company is not looking to be taken over.
“Whenever any offers come, as a management team and a board I’ve got a responsibility to take them seriously but it’s not something I’m out pursuing,” founder and CEO Tim Steiner told reporters after Ocado reported first half results. He declined to comment about speculation of takeover interest by U.S. group Amazon.
Ocado shares surged 32% on June 22 after The Times newspaper reported speculation of possible bid interest in the online supermarket from more than one U.S. suitor including tech heavyweight Amazon. At the time, both companies declined to comment.


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Super-rich take ultimate flight from credit crunch - into space
The credit crunch has burnt everyone, even the super-rich. So they could be forgiven for wanting to get away from it all.
Well, it seems the world's wealthiest are going to extreme lengths to avoid facing the reality of an economic crisis.
Figures from Sir Richard Branson's space tourism venture Virgin Galactic have revealed a startling doubling in sales in the last month.
Going, gone: In space no one can hear you scream about the crunch
The company said it has sold 11 tickets - costing a whopping $200,000 (£122,000) each - in October.
Virgin Galactic president Will Whitehorn said: 'We normally sell about six or seven a month, so this is a big increase.
Maybe the super rich are having to liquidate their positions and don't know what to do with the cash.'
Since tickets went on sale in mid-2005, Virgin Galactic has sold 286 trips and banked $40million (£24.3million) in deposits. The first flights could lift off as soon as next May.
The intrepid travellers will launch from New Mexico in the US and go on a two-hour trip into space where they will be able to see Earth in its entirety and experience weightlessness.
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In a series of new directives released yesterday, the Telecom Regulatory Authority of India (TRAI) has directed Tata Teleservices, Unitech Wireless and Videocon Telecommunications to inform the date of discontinuation of its services to all its subscribers in circles where the telcos lost licenses to operate due to the Supreme Court judgement earlier this year. The TRAI has stated that these telcos should inform all new subscribers about the discontinuation of services at the time of enrollment and inform all of the existing subscribers in affected areas, either in writing or through SMS in the next 10 days. It also added that telcos should also provide a compliance report to the Authority in the next 15 days. In a similar directive, the TRAI has also directed Sistema Shyam Teleservices (SSTL) to inform all its subscribers about the discontinuation of service, if the telco plans to shut down its service on or before Jan 18, 2013. Earlier, in the month, SSTL had set a deadline for the Indian government to formulate a strategy to resolve the issue related to the cancellation of its 2G license in the country. The company had told MediaNama that this deadline was to ensure protection of investments of over $3.2 billion made in Sistema Shyam Teleservices Ltd, although it didn't provide any specific details about its communication with the government. The telco was also reportedly planning to initiate international arbitration proceedings against the government and seek billions of dollars worth damages, if the government failed to restore its 2G licenses before the Indo-Russian…
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At the Pixel 3 launch event in NYC, Google showed off what it called "Night Sight," a feature that produced incredible looking photos in a near-absence of light. Modified versions of the Google Camera app gave everyone willing to sideload them an early taste at the feature, but the wait is now over. And according to Google, Night Sight is rolling out for all Pixel devices, past and present, in the coming days.
In a Blog post on the subject today — which goes into delightful detail about precisely how Night Sight works — the specifics of compatibility were revealed as well. Although it's rolling out to the 2016 Pixel and Pixel 2 as well as the Pixel 3, aspects of its performance are precisely tuned for the latter, so don't expect quite the same experience on each. The OG Pixel also lacks optical image stabilization, so it has to use shorter exposures, which can further compromise the quality compared to more recent hardware. Still, it's pretty slick to see a two-year-old device picking up new features.
iPhone XS (left) and Pixel 3 w/ Night Sight (right). Image via Google.
Keep in mind that the viewfinder won't be reflective of Night Sight's actual results when in the mode. Since it doesn't do all the photo processing magic until you capture an image, that preview is based on a somewhat noisy long exposure.
We reached out to Google to confirm the news, and were told "it's rolling out over the next few days and yes will be available for all three generations of Pixel." So far the update hasn't landed on any of our devices via the Play Store just yet, but we're the Android Police. That means you can download the update for yourself a bit early over at APK Mirror.


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It’s been a big year for Purple Door Ice Cream.
The ice cream producer, founded in April 2011, moved into a new kitchen and retail space in Milwaukee’s Walker’s Point in spring. It has gone from making 160 gallons of ice cream a month back in February, when I wrote a feature about the company, to 600 gallons a month today. At its peak over the summer, it was making 750 gallons a month.
Now the company, owned by Lauren and Steve Schultz, is offering catering, just in time for office holiday parties. (Because we Wisconsinites love our ice cream, even in winter.) It offers full-service ice cream socials and an a la carte menu of ice cream, toppings and novelties for weddings, parties and other events.
Purple Door now sells its products in 19 grocery stores, with two more to be added soon, and 20 area restaurants. You can also buy it in scoops and pints at its retail location, 130 W. Bruce St. It has added two part-time employees this year.


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Grateful for the generosity of Letchworth’s “wonderful community”
Despite the weighty challenges presented by the COVID-19 pandemic, a combination of resilience and adaptability has ensured the continued buoyancy of local business Bamboo Turtle.
Hertfordshire’s first ‘zero waste’ shop opened its doors for the first time in March 2018, selling a wide range of store-cupboard products including pasta, rice, nuts, seeds, dried fruits, breakfast staples, teas and coffees.
Based in The Arcade, Letchworth Garden City, Bamboo Turtle is the brainchild of owners Shani Crofton and Amanda Skinner, both of whom were growing concerned about the increasing plastic pollution problem.
“We wanted to ‘do our bit’ to help, so started researching solutions,” said Shani. “We had already reduced our own plastic packaging by using local businesses such as the butchers and the local fruit and veg shops. Our stumbling block was having to use supermarkets for the other products we needed, which is how the idea of Bamboo Turtle came about.
“Neither of us had any retail experience, but that worked in our favour because we weren’t put off by the impending hard work involved in setting up a shop. And of course, our different work backgrounds meant we brought different skill sets to the table.”
Letchworth was the natural first-choice location. Shani said: “We live local to Letchworth and love its history and tradition. We liked the fact that it has a large number of independent shops, as well as many greenways and paths.”
“Pre-Covid we were doing really well. There was a lot of media coverage for the zero-waste movement and many consumers were waking up to the environmental damage being caused by plastic packaging.”
Robust response to a crisis
The pandemic changed everything. The business had to make big changes to its Click and Collect service, because the other businesses offering local collection points closed during the lockdown. Shani said: “We opened the shop for collections during set hours – we definitely missed the buzz of customers.”
Shani and Amanda are thankful for the generosity and support of Letchworth’s “wonderful community” during lockdown, including Letchworth Garden City Heritage Foundation stepping in to offer a three-month rent holiday. Their social media plea for a bicycle was answered, so they were able to provide a ‘man on a bicycle’ home delivery service for Letchworth customers, including those who were self-isolating.
The business expanded the range of products available on its website and boosted its social media activity. “We are constantly on Facebook and Instagram, and have a following of around 3,000 loyal customers on both platforms,” said Shani. “This online presence has enabled us to communicate things like stock issues and opening times effectively.”
The business strengthened its existing partnership with Biggleswade-based Seasons Fruit & Veg, whose customers can add Bamboo Turtle products to their fruit and veg box, for home delivery. Shani said: “This has been great for our business because it gives customers a different way to shop.”
Adapting to the new normal
Bamboo Turtle is hoping to provide a new shopping experience. The former ‘bring, weigh, fill and pay’ process simply is no longer feasible in the post-lockdown world; instead, customers now follow a one-way system in the shop, with social distancing rules rigorously applied at all times.
Shani said: “We have to be incredibly organised, both for our customers and our shop. We have placed a table just inside the doorway: customers walk in, place their order and all the scooping and bagging is now done by myself and Amanda, although many people still bring their own containers. They then pay at the till – contactless card payments, not cash – and exit through a second door.”
What are Shani’s thoughts about the future? “I may be naïve but I am optimistic that as the country emerges from lockdown, people will value their high street more and will want to support local shops. Hopefully we’ll see a new way of shopping that harks back to traditional local values, with less food packaging, fewer food miles and a reduced reliance on global food chains.”


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Oil prices are dropping, making many consumers happy, particularly since it’s right before the holiday travel and shopping season. But one maker of electric cars might not be so excited – Tesla — or maybe it doesn’t care.
Marcus Wohlsen wrote for Wired that Tesla was likely unhappy with the current price of gas:
The electric car-maker’s stature has risen—along with its share price—at a time when US gas prices were hitting record highs and appeared to be there to stay. But as a surge in domestic oil production has driven down the cost of filling up, Tesla is facing a question it really hasn’t had to contend with since becoming a public company in 2010: If gas is cheap, why would anyone need to own an electric car?
Wall Street certainly seems to be wondering the same thing. The price of Tesla shares has fallen by nearly 20 percent since mid-November, ending Tuesday slightly up after falling for seven straight trading days. “We believe the recent decline in TSLA shares is largely driven by the concern low gasoline prices could impact demand if sustained for the long term,” writes Ben Kallo, an analyst for Baird Equity Research, in a note to investors.
The most obvious counterargument in Tesla’s favor is that if you can afford a $70,000 Model S anyway, $30 for a tank of gas versus $60 probably doesn’t matter that much to you anyway. You’re buying an electric car out of a sense of environmental responsibility. And you’re buying a Tesla for the experience of driving a car with a user experience like no other, regardless of fuel source.
“Tesla vehicles are purchased for performance, quality, and brand, which are minimally affected by oil prices,” Kallo writes. He also calculates that Model S owners will still save nearly $1,400 annually even at the current average gas price of $2.78 per gallon.
But as Keith Naughton writes for Bloomberg, if you can afford a Tesla, you probably don’t care too much about the price of oil:
Tesla Motors Inc. (TSLA) customers are rich enough to keep buying luxury cars whatever the cost of a tank of gasoline. So the oil rout may not hammer the stock for long.
The 13 percent decline in Tesla shares since the Thanksgiving holiday in the U.S. was driven by concerns that falling oil prices will dry up demand for the company’s cars, analysts said.
That speculation is overblown, said David Whiston, an auto analyst with Morningstar Inc. in Chicago. Since Tesla is selling cars that can top $100,000 to very wealthy people, the price at the pump is not a prime motivator in that consumer’s purchase decision, he said.
“A lot of investors think cheap oil is bad news for Tesla, but it’s not that simple,” Whiston said today in a telephone interview. “People who are buying Tesla today don’t really care if gas is cheap or expensive. They want it because it’s a status symbol or for the performance or they are very eco-conscious and just don’t want to consume fossil fuels, regardless of what they pay for the fossil fuels.”
Quartz also points out that Tesla’s CEO thought their stock was too high earlier in the year, making the recent declines seem like not such a bad thing:
And don’t forget, Musk himself expressed alarm about the rapid rise in Telsa’s share price earlier this year. “I think our stock price is kind of high right now,” he said at the time. “If you care about the long term, Tesla, I think the stock is a good price. If you look at the short term, it is less clear.”
Wiser minds than me are trying to figure out whether the decline in oil prices is sustainable. But for Tesla’s share price, a breather that makes its valuation less euphoric might not be such a terrible thing.
Paul R. La Monica wrote for CNN Money that the drop in stock might not be because of oil prices, and due more to lack of investor confidence in the company:
It’s true that lower gas prices could eventually be a more pressing issue for Tesla.
But that won’t really be the case until the company has launched the cheaper Model III vehicle that Musk is banking on to make Tesla a mass market company. And that is several years away.
So falling oil prices probably aren’t helping Tesla, but they are unlikely to be the only reason the stock is down.
Morgan Stanley analyst Adam Jonas, arguably the most influential Wall Street analyst following Tesla, recently cut his earnings forecasts for 2015 due to doubts that Tesla will be able to produce as many new Model X crossovers next year as it originally hoped.
And Jonas isn’t the only one growing a bit more skeptical. Before Tesla reported its latest quarterly results last month, analysts were predicting that Tesla would earn $3.29 a share in 2015. The consensus forecast is now $2.88 a share.
There are also lingering concerns about how easy it will be for Tesla to sell cars directly to consumers across the country.
Tesla’s luxury cars will likely be immune to drops in the price of oil. The stock slump is likely because there are questions about how Tesla will continue to grow and execute its plans, not because consumers may shun its cars.


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Immutable, the leading Web3 gaming platform and the top Ethereum scaling blockchain protocol Polygon, announced a strategic alliance aimed at accelerating the development and adoption of Web3 gaming.
Immutable and Polygon received close to $2 billion in investor funding in 2022, making this a partnership that is widely expected to have a significant positive impact on the multi-billion dollar gaming landscape.
As part of the industry-defining alliance, Immutable will power their best-in-class platform products with Polygon’s groundbreaking zero-knowledge technology to accelerate digital ownership for gamers worldwide. This alliance simplifies decision-making for game studios and developers, and provides a smart, safe choice for business leaders that accelerates time-to-market and gives them access to an ecosystem that will be one of the largest and most liquid for end users.
“By combining the number one Web3 gaming platform – currently serving hundreds of game studios and millions of players – with Polygon’s best-in-class zkEVM technology, we are building an Ethereum-centric gaming ecosystem that is poised to take Web3 mainstream and bring digital ownership to millions of people around the world,” said Robbie Ferguson, Immutable President and Co-Founder. “Billions of dollars of skins are sold each year with no rights for players – we’re changing that so players are in control, and ownership is the expectation.”
President of Polygon Labs, Ryan Wyatt, told TechCrunch+ that Web3 would add the first 10 million to 100 million gamers within the next year or two.
Immutable is the global leader in web3 gaming on a mission to bring digital ownership to every player by offering the world’s best games and game development platform.
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for Web3.


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NEW DELHI, DEC 29
India’s homegrown digital financial services platform Paytm on Tuesday announced that corporate gifting of Paytm Gift Wallet Cards and 24-Karat Digital Gold has crossed Rs. 100 crore in yearly GMV.
With the ongoing pandemic, more companies are adopting the offerings by Paytm Payouts as a safe, efficient, and cost-effective way to spread the festive cheer. With most employees working remotely this year, the service gained popularity for its advantages of zero logistic costs of procurement and distribution.
Paytm Payout’s range of digital gifting options enables companies to skip the process of zeroing on options, asking for competitive quotations, selecting gifts, and paying for logistics, thus streamlining the complicated process of corporate gifting besides increasing efficiency and reduceing costs.
The Paytm Payout Gift Wallet card remains popular among employees and vendors for its ease of gifting and range of options. According to Paytm, it has seen a massive surge in companies giving away digital gold as corporate gifts this Diwali becoming the top-selling gifting option. It enables the instant gifting of any amount of certified gold to recipients without any logistical and technical challenge.
“We aim to transform the way corporates, businesses, MSMEs share festivities and greetings with their employees, vendors, partners. Paytm Payout Gift Wallet Cards, Digital Gold is an extremely simple, convenient, and seamless option to spread the festive cheer,” said a company spokesperson.


text: It seems like every other day there's some new iPhone hacking method that can put your personal information at risk. But rather than getting scared and conspiratorial, just stay informed. For instance, this new Apple ID scam needs to be on your radar. \n\nAccording to The Independent, a number of iPhone users have reported a new phishing scam involving a text message notifying them that their Apple IDs have expired. If you see this, beware. It's a trap! Your Apple ID has not expired, but the phishing text message will direct you to confirm your account details on a website in the guise that it's helping you keep your Apple ID from terminating. Obviously, you should do none of this. \n\nThe text message would look something like this:\n\n \n\nAnyone else received one of these Apple ID texts? Is it all above board or is it some kind of phishing scam? pic.twitter.com\/KUfMZtggUF\n\u2014 Dave Vitty (@davidvitty) April 16, 2016\nIf you get a message that looks like a version of this one, just delete it. Don't freak out. Your Apple ID is fine. \n\nAlso, who falls for this?\n\nSign up here for our daily Thrillist email, and get your fix of the best in food\/drink\/fun.\n\nKara King is a News Writer at Thrillist and has only a couple conspiracy theories. Send news tips to email@example.com and follow her at @karatillie.


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An overwhelming majority of Indians (84 per cent) feel it is safe to return to their workplaces, according to a Deloitte survey that suggests consumers in India are showing a positive spending intent and brighter outlook towards the future.
The latest monthly analysis (wave 220) of Deloitte’s Global State of the Consumer Tracker, signals a cautious consumption revival in the country, aided by the decreasing number of Covid-19 cases and an improved vaccination drive.
The Global State of the Consumer Tracker is an online survey based on responses from 1,000 people each in 18 countries including India.
The latest figures, based on last month’s survey, show that the Indian consumer is ready to spend more on discretionary items, wants to spend on travel, and is less hesitant about in-person events and activities.
While 60 per cent were willing to attend in-person events, 59 per cent felt safe taking a flight and 30 per cent showed willingness to use public transport.
One-thirds (34 per cent) of the consumers have shown anxiety, an index based on “whether an individual is more anxious than the previous week”.
Among the surveyed countries, India fares the worst, followed by South Africa (14 per cent), US (4 per cent), Australia (3 per cent) and UK (1 per cent).
It is not surprising, therefore, that 76 per cent of Indians are worried about their physical well-being and 79 per cent are concerned about the health of their family.
Porus Doctor, partner and consumer industry leader, Deloitte Touche Tohmatsu India, said, “The easing of Covid-19 related restrictions across the country along with an accelerated vaccination drive has fuelled positive consumer sentiments.
"Our latest survey insights indicate higher levels of consumer spends and a decline in anxiety levels will boost India’s economic revival, albeit with a touch of caution.”
One of the key trends emerging from the survey is the gradual return of Indians to their offices.
While vaccination has helped in this regard, employees are expected to be in office based on need and with utmost precautions and Covid-19 protocols in place.
With the festive season nearing and on the back of lower Covid-19 cases, Indian consumers are showing lower levels of anxiety, resulting in a willingness to increase spending on more discretionary items.
Consumers are seen actively spending on alcohol (12 per cent), cable TV (36 per cent), clothing/footwear (36 per cent), electronics (33 per cent), furnishings (25 per cent) and restaurants (22 per cent), according to the survey.
International leisure travel is also gaining momentum, with several countries lifting travel restrictions for India.
Fifty-seven per cent Indians surveyed are planning international travel for leisure in the next three months.
With several initiatives to allow the movement of passengers between nations like air bubbles, vaccine passports, travel corridors and now Vaccinated Travel Lane, search enquiries for travel to international destinations have been on rise, it adds.
The analysis also shows that savings are up by 4 per cent (50 per cent in the current wave compared with 46 per cent in the previous wave).
This could be in preparation of future purchases and seasonal deals during the festive season, the tracker says.
With offices and other daily activities resuming gradually, Indians are seen to have reduced anxiety on mobility, though 70 per cent respondents plan to limit the use of public transportation compared with 73 per cent in the previous wave (July).
Also, 67 per cent respondents plan to limit their use of ride-hailing services over the next three months as compared with 70 per cent in the previous wave.
Photograph: Anushree Fadnavis/Reuters


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What to Do When Bitcoin Has a Price Crash
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Cryptocurrency has always been a volatile investment, especially because it is relatively new and we don’t have years of data to look back on. However, over recent weeks Bitcoin has had a varied journey, with tweets by Elon Musk having an almost immediate effect on the value of the digital currency. The trend for mainstream brands accepting Bitcoin as a way to make a payment has certainly helped with its popularity and many will tell you that the best Bitcoin casinos have helped the price of Bitcoin to stabilise a little. However, just because you play roulette and pay with Bitcoin doesn’t mean that it won’t crash – so what should you do if that happens?
The first thing to do if Bitcoin takes a dip is not to panic. Almost all Cryptocurrencies have seen a rise in value and then a fall again, it happens. If you withdraw all of your funds or decide to flutter it all away at a Bitcoin casino then you may be doing yourself an injustice. Just because the price of Bitcoin has crashed doesn’t mean that it would rise again.
Keep An Eye on Things
Different factors can affect the price of any Cryptocurrency, so it is best to keep an ear to the ground and see what is going on. Even over the last few weeks, Elon Musk has affected the price of Bitcoin massively. Firstly he caused it to increase in price when he announced that Tesla would be accepting Bitcoin as a method of payment. Secondly, it plummeted again when he withdrew that statement due to environmental concerns surrounding Bitcoin mining. Backstreet Boys star Nick Carter has been Tweeting about the new Cryptocurrency Shiba lately, which has helped that currency to rise in value.
We can never predict what any celebrity will say about Cryptocurrency, but being on social media and following relevant hashtags can help to make sure you are ahead of the game if anyone does talk about it.
Look After Number 1
If a Bitcoin crash does happen, there will be plenty of articles and news reporters that want to share their wisdom and advice. When it is a good idea to gather all of the information and ensure you are fully informed, any financial decision you make has to be the best one for you. Everyone is in a different financial position and as such, the decision you make with your own Bitcoin investment may be different to one someone else would make. You might decide to ride out the storm, you may decide to sell it all and you might even decide to put it into a casino and play a few games of Black Jack. Ultimately, the decision is yours and has to be the right one for you.
Don’t panic, do your research and keep an eye on what everyone is saying and that way you’ll be in the best possible position to make a proper decision should a Bitcoin crash happen.


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The coronavirus outbreak is prompting many Americans to forgo gatherings and non-essential activities, which is expected to lead to a drop in sales for ride-hailing and scooter companies. But, through February, sales data shows, it was largely business as usual.
About Data Points
A research blog transforming data into stories about consumer behavior. Hundreds of journalists trust our data. We have been cited in The New York Times, The Wall Street Journal, Bloomberg, and more.
Meal delivery sales are expected to spike as more Americans shelter at home during the coronavirus outbreak. Our data shows sales did grow year-over-year in February, but not as much as many predict they will in March.
As COVID-19 has forced movie theatres to close and spurred increased subscriptions to streaming services nationwide, Disney has doubled down on streaming by releasing new movies straight to Disney+. The company, which originally included new releases in base subscription plans, launched its Premier Access feature with the release of Mulan, requiring a $29.99 one-time fee … Continued
Similar to categories like toilet paper, there have been meat shortages across the U.S. in the COVID-19 era. In response, many Americans turned to DTC meat companies, which experienced strong sales increases early in the pandemic. Spending trends during the pandemic suggest that instead of viewing DTC meat as a one-off holiday gift, consumers now … Continued
U.S. consumer spending has been altered by the coronavirus pandemic. Our data reveals that consumers are changing the way they pay for goods and services, with some industries seeing spending shift toward online purchases. Additionally, the pandemic has changed the types of purchases consumers are making, with stimulus recipients increasing their spending on big-ticket items. … Continued
With COVID-19 cases continuing to rise nationwide, holiday shopping is expected to further transition away from brick-and-mortar stores and toward e-commerce. The shift to purchasing gifts online has strong implications for DTC wine subscription companies, which have historically experienced significant sales increases during the holiday season and have further exploded in popularity during the pandemic. … Continued


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The blockchain-based music streaming platform has announced that they have signed a partnership with TikTok and becomes the first streaming service to sign a deal with the social media app.
Any artist can take a song they already have on Audius and just export it over to TikTok in one click. Teenagers producing in their bedrooms might not even have distributors. A common way that unsigned artists get their stuff up there right now is by holding their phone up to a laptop while it plays their song, and they add it as background music. It’s not great.Forrest Browning – Audius CEO
TikTok’s potential for breaking artists into mainstream consciousness is undeniable. Many artists have become popular with the help of TikTok algorithm, like rapper Lil Nas X that’s why every artists releasing music now wants to be on TikTok. A survey from TikTok showed that the majority of its U.S. users, discover new music and artists by using the platform.
Audius artists can now integrate songs directly to TikTok
A very big step forward with this new feature. Having the ability to share my uploads straight from Audius to TikTok is a real time saver.Lawrence
With this deal, Audius users can now integrate their music directly into the TikTok sounds library. TikTok is an ideal platform for youngsters to expose and promote their talent. TikTok’s algorithm helps new talent to get number of views in a short time duration enabling app recommendation system. It is also user friendly and has light weight streaming service as compared to other social media platforms.
In our view, we are far more pro-artist than the other streaming options out there right now. We love the cross pollination of stick it on Audius and then go to TikTok. While I can understand the Spotify business model, they probably don’t want folks going to TikTok from a monetization perspective. But we don’t really care where your listens are coming from or what we help enable; we’re just here to get as many ears on your track as possible.Browning
The partnership will enable users to upload their talent on the streaming service and directly export to TikTok. Audius is also focusing on the app monetization to help the artists. No matter how big they get, the co-founders aim to keep their startup spirit alive, stressing that they’re not here to play hardball.


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Every day, retailers are making countless decisions that drive both the top and bottom line.
CPG companies are increasingly harnessing growing volumes of consumer data through online marketing and direct-to-consumer sales platforms. These companies can enhance their trade promotion activities through artificial intelligence and machine learning, but they must collaborate with retailers to do so. Together, the two can better identify ineffective promotions, forecast more accurately and optimize promotions to generate an optimal sales fit.
Consumer Goods industry is still adapting to the new rules of the game that are being set by Amazon and other e-commerce players. CPG companies' online channel is rapidly growing with 43% of CPG’s revenue growth already being driven by ecommerce and online sales expected to double in next five years.
Antuit's Senior Vice President of Global Business Development, Steve Gordon talks about using Artificial Intelligence to drive shopper frequency, basket size, and incremental consumer behaviors.
Retail supply chains have grown more and more complex, and companies must have end-to-end supply chain visibility to prepare for unexpected changes in demand. As such, retailers should explore practical, relevant ways to predict demand, while continuing to deliver quality, omni-channel consumer experiences.
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Samsung’s Galaxy S21 will arrive in 2021, but information and leaks are already starting to appear on this next high-end smartphone. There is rumor circulating related to next Samsung flagship that there will be no charger and headphones in the phone box, thus following in Apple’s footsteps.
The Galaxy S21 will be released in 2021, if all goes well. It is currently in development at the manufacturer’s premises. Some elements of the Samsung flagship phone even appeared on the net. But today, this is another data that is interesting. According to SamMobile, Samsung could choose not to include a charger and headphones in the Galaxy S21 box. Thus, Samsung could follow the path of Apple, which has already made the choice to include only the phone in its box.
It was during the presentation of the iPhone 12 that Apple announced the thing. There are two reasons for not putting on chargers or headphones. Ecological, first of all, since a small box allows more to be put on the pallets and reduces the cost of shipping. Likewise, unnecessary chargers pollute and many users are already equipped. There is also an economic motivation, with smartphones not costing less. In addition, some users who are not equipped can more easily go to the cash register to get headphones. Moreover, forecasts predict higher sales for Apple AirPods.
Samsung is following Apple’s path
Samsung could therefore follow the same path. It’s quite funny when we see that Samsung had made fun of Apple for not providing the charger in the box. As Sammobile notes, Samsung does provide 25 watt chargers in these latest phones, but it is also possible to purchase a compatible 45 watt charger separately.


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If you think that people who laugh at poop jokes aren't truly adults, get ready to question your own maturity.
The serious news first: Live Science has taken a look at a new study where scientists have discovered a way to deliver all the health benefits of probiotic bacteria through sausage. The benefits can range from simple things like fighting belly fat to more serious issues like treating depression. Previously, probiotic bacteria had primarily been used in dairy products like yogurt, leaving people who do not eat dairy foods at a loss. This new sausage study may hold their solution.
The funny news second: The way to make probiotic sausage is by using baby poop. More specifically, the bacteria found in baby poop.
That's right, folks, a study recently published in the journal Meat Science (a title that is simultaneously shudder-inducing and mouthwatering) took two types of bacteria found in baby poop and used them to ferment sausage.
Testing both strains of baby poop bacteria along with three strains of commercial bacteria, the scientists found only one winner that could both survive the acids found in the human digestive system and provide the health benefits of probiotics: baby poop bacteria.
And now the jokes you'll hate yourself for laughing at: Next time you order a pizza, don't forget to ask for pooperoni. Or maybe you're more of an andoo-doouille kind of person? Of course, if you're watching the Red Sox, there's no choice but a Fenway Frankfarter.
Sorry about that, back to the science.
"[The bacteria grew] to levels of 100 million cells per gram of sausage," Anna Jofré, the co-author of the study and a food microbiologist, told Live Science. "Enough to produce health-promoting effects to people."
Both researchers and professional tasters tried the sausage, and by all accounts it tastes normal. Unfortunately, Jofré said they've received no interest from companies that would be able to commercialize the research. That's such a BUM-mer.


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The transportation management system market surpassed the $1bn mark for the first time in 2006, and the market is poised to grow at least 7 percent in 2007, based on year-to-date results.
"The TMS market has grown faster than we've predicted the past two years, fueled by continued demand for global trade management solutions, a reinvigorated market for fleet management solutions, increased sales to logistics service providers, and strong activity in Europe and in the small and mid-sized business segment," says Adrian Gonzalez, director of ARC's Logistics Executive Council and author of the new study, Transportation Management Systems Worldwide Outlook.
ARC is forecasting the TMS market to exceed $1.5bn by 2011, representing a compounded annual growth rate of 7.3 percent.
Source: ARC Advisory Group, http://www.arcweb.com
Timely, incisive articles delivered directly to your inbox.


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The Credit Card Accountability Responsibility and Disclosure Act, dubbed simply the "Credit Card Bill of Rights," was backed by the President and was written to protect consumers from abuses that have come to define the credit card industry. The...
Tag Archives: Nilson Report
Former Colorado Gov. Richard Lamm will return to the Denver Press Club as a guest bartender next Tuesday, Jan. 9 from 6 p.m. to 7:30 […]Read More
We must now amend our theories of desire, our understanding of what transforms flesh so that it may feed on the nectar hidden deep within […]Read More


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Microsoft Says That if Apple Isn't Stopped Now, Its Antitrust Behavior Will Just Get Worse
Wednesday February 2, 2022. 07:01 PM , from Slashdot
joshuark writes: Microsoft has filed an amicus brief supporting Epic Games in its appeal against Apple, and argues that, 'the potential antitrust issues stretch far beyond gaming.' As Epic Games continues to file its appeal against the 2021 ruling that chiefly favored Apple, interested parties have been contributing supporting filings to the court. Notably, those have included US attorneys general, but now Microsoft has also joined in on the side of Epic Games. Microsoft's amicus filing included below, sets out what it describes as its own 'unique -- and balanced -- perspective to the legal, economic, and technological issues this case implicates.' As a firm which, like Apple, sells both hardware and software, Microsoft says it 'has an interest' in supporting antitrust law. Describing what it calls Apple's 'extraordinary gatekeeper power,' Microsoft joins Epic Games in criticizing alleged errors in the original trial judge's conclusions. 'Online commerce and interpersonal connection funnels significantly, and sometimes predominantly, through iOS devices,' says Microsoft. 'Few companies, perhaps none since AT&T... at the height of its telephone monopoly, have controlled the pipe through which such an enormous range of economic activity flows.' To support its claim that the Epic Games vs Apple ruling has 'potential antitrust issues [that] stretch far beyond gaming,' Microsoft describes what else it sees as this 'enormous range of economic activity.' 'Beyond app distribution and in-app payment solutions - the adjacent markets directly at issue in this case,' says Microsoft's filing, 'Apple offers mobile payments, music, movies and television, advertising, games, health tracking, web browsing, messaging, video chat, news, cloud storage, e-books, smart-home devices, wearables, and more besides.'
Read more of this story at Slashdot.
Jun, Thu 30 - 18:14 CEST


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Jeweller Lawrence Graff, who bought a 4.5% stake in the firm just six days ago, is sitting on an estimated loss of more than £4 million on his shareholding.
Gem Diamonds admitted in today's trading statement that it could make a loss after posting a £46 million profit last year.
The global price of diamonds has halved in the last six months to less than $1200 a carat.
At Gem's flagship Letseng mine in Southern Africa, the price fell from $2512 in the first half of 2008 to $1557 in the third quarter and slumped a further 24% in October and November to around $1382. Gem maintained that even if diamond prices remain at current levels, the firm will be in a position to turn around performance in 2009.
The jewellery firm added that Letseng "continues to perform well" but is set to stop production at some less-profitable sites in Democratic Republic of Congo, the Central African Republic and Indonesia. "Non-essential" capital expenditure and project development will be slashed immediately.
Gem said sales in the run-up to Christmas are traditionally slow because dealers have already stocked up for the season. But it admitted revenues have slumped and indicated it may hold on to some of its precious stones in December rather than put them up for sale.Reuse content


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Pellet stoves for households have become more popular in the past few years as people seek out alternatives to oil and gas heating. Pellets are considered a low-carbon renewable fuel since they come from wood product residue. This is a pellet boiler made in Austria from Okofen. It's designed for commercial customers, a market that is more developed in Europe. Oil distributor Sandri has now begun making deliveries of locally-made pellets to some businesses in western Massachusetts.
March 21, 2011 1:50 PM PDT
Photo by: Martin LaMonica/CNET
| Caption by: Martin LaMonica
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"Focus on Midcoast Region" piece on how former hedge fund analyst Topher Mallory
"Focus on Midcoast Region" piece on how former hedge fund analyst Topher Mallory became CEO of the Newcastle-based import store, Mexicali Blues, helping to streamline the "hippie-ish" business and manage its inventory. With stores in Freeport, Portland, Newcastle, and Raymond, owners Peter and Kim Erskine were unable to get a grip on inventory flow, which is now controlled by an $80,000 investment in a Retail Pro system. Former clutter has given way to thoughtful arrangement, and the store's Web page has been updated. A recent expansion to Freeport was a bold move.
Mexicali Blues [retail business]
Goldfine, Rebecca, ""Focus on Midcoast Region" piece on how former hedge fund analyst Topher Mallory" (2008). Maine News Index – MaineBiz. 4527.
Full text is not available here. Please contact the Library for a copy of the article.


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Wrestling Canada Lutte announces partnership with Nike Team
OTTAWA – Wrestling Canada Lutte (WCL) is pleased to announce a partnership with Nike Team to be the official supplier of all apparel and national team uniforms for the organization. The partnership will be executed by national distributor, T. Litzen Sports.
The two-year deal will see the partnership through to the Tokyo 2020 Olympic Games.
“There’s nothing like walking out to compete against the best in the world wearing the world’s best sporting brand,” said 2016 Olympic Champion Erica Wiebe. “I love the Nike wrestling boots. I love what the brand stands for!”
In addition to outfitting the national team, Nike will be onsite at national events selling WCL apparel and will launch an online store to make clothing available year-round. The first opportunity to purchase official Nike apparel will be at the 2019 Junior / Senior Championships in Saskatoon from March 22 to 24, 2019.
“The opportunity to partner with Wrestling Canada Lutte is a thrill for our company,” expressed National Sales Manager Ryan Denholm. “To outfit such high-level athletes, both in competition and off the mat, is a humbling opportunity. To be part of these wrestlers’ journey on their quest for greatness while representing our country will always be one of the most satisfying aspects of making athletes part of the Nike Team Family.”
“We’re very pleased to be able to work with Nike Team to provide our athletes with the best singlets and team gear available,” said Chris Reith, WCL’s Marketing & Communications Manager. “Our athletes are world-class and deserve to be outfitted with world-class uniforms.”
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